Which positive outcome of 360-degree feedback systems is related to providing an avenue to open topics up for discussion that may not have ordinarily been addressed openly?
a. An increased awareness of appraisers’ expectations
b. Improvements in work behaviors and performance
c. Reduction of “undiscussables”
d. Increase in periodic informal 360-degree performance reviews
c. Reduction of “undiscussables”
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Which of the following statements about outlet centers is true?
A. Outlet centers are in remote locations, located some distance from department and specialty stores. B. Outlet centers have the no-frills look of warehouse stores. C. Outlet centers are not found outside of the United States. D. Outlet centers sell only irregulars and overruns. E. It is predicted that the number of outlet centers in the U.S. will double over the next decade.
The acid test ratio is a more rigorous test of the short-term liquidity of the venture as it eliminates inventory, which is the least liquid current asset.
Answer the following statement true (T) or false (F)
During Year 1, Hollowell Corporation and Chester Corporation reported net incomes of $260,000 and $480,000 respectively. Both companies had 200,000 shares of common stock issued and outstanding. At December 31, Year 1, the market price per share of Hollowell's stock was $39 and Chester's stock was $36. Required:a) Calculate the price-earnings ratio for:1) Hollowell2) Chester b) Based on the price-earnings ratios computed in part (a), which company do investors believe has more potential for future income growth? Explain your answer.
What will be an ideal response?
Corporate managers work for the owners of the corporation. Consequently, they should make decisions that are in the best interests of the owners, rather than in their self-interests
What strategies are available to shareholders to help ensure that managers are motivated to make decisions in the interest of shareholders?